Severed 50x103 lot with approved plans for two homes

Property details for 19 Cardell Avenue, Toronto

Type: Residential
Bedrooms: 4
Bathrooms: 2
Lot Size: 50 x 103 FT
Stories: 2
Basement: Unfinished, Partial
Parking: Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Shingles
Ownership: Freehold
Annual Taxes: $6,169

Here's the real deal on 19 Cardell. This isn't just a house purchase. It's a 50x103 foot lot already severed into two 25x103 foot parcels, with Committee of Adjustment approvals, survey, and plans for two detached, two-storey, three-bedroom homes. Each plan includes about 2000 square feet of living space plus a walk-out basement suite. So if you're a small contractor or an end-user looking to build, this is your canvas. The existing brick house is currently rented to super cooperative tenants. Vacant possession is possible if you want it. And the location is prime. You're across from shopping, steps to Crawford Jones Memorial Park, and a quick hop to Highways 401 and 400 plus public transit. Weston Collegiate Institute and Scarlett Heights Entrepreneurial Academy are each about 2.2 km away, and Humber River Regional Hospital is 2.1 km. This spot is seeing action. Right now there are 14 active listings nearby with a median price of $999,000, and homes are selling in about 23 days on average. The median sold price is $868,000, so this list price is in line. Whether you live in the current 4-bed, 2-bath house for a bit or move ahead with the approvals, you've got options. The lot is flat, the neighbourhood is solid, and the potential is huge.

About 19 Cardell Avenue, Toronto — Property Score

Hot Market Feature Rich Great Location

Score: 70/100

Value

Priced 33.2% below area median of $1,495,000 based on 849 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

2 bathrooms - typical for similarly priced properties 60

5,150 sqft lot - a standard lot for the area 65

Location

$70K median household income - near the Canadian average of $70K 65

74% of residents hold postsecondary credentials - a highly educated neighbourhood 83

87% homeownership rate - indicating a stable, owner-occupied community 91

41% of residents commute under 30 minutes - good commuting convenience 63

2,212/km² population density - a well-balanced suburban area 92

Market

Just listed - area average is 46 days on market 100

+14984.7% median price change over 1 month - rising prices in the area 100

33 months of housing supply - 3070 active listings with 93 sold last month (buyer's market) 40

Features

8-car garage - more than the area average of 4.2 spots 95

Unfinished, Partial basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.62% effective tax rate ($6,169/yr) - below the Canadian average of ~1% 81

13% renter population - primarily owner-occupied area 45

Quality

Condition

Listing

28 photos provided - below the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.